This updated Bitcoin (BTC/USD) chart expands on the previous one, introducing a clearer risk management structure by adding a "register level" â a deeper demand/support zone. Letâs break it down:
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đ Updated Chart Breakdown (BTC/USD â 15 Min)
đ» Register Level (Stronger Demand Zone)
Zone: ~$106,600â$106,800
This zone caught a previous wick and bounce, suggesting it's a stronger support if the price drops below the immediate entry level.
It represents a last defense zone before deeper sell-offs.
đ© Entry Level Zone
Zone: ~$107,300â$107,600
Same as the previous chart. Itâs still valid but is now more clearly shown as a potential reaction zone, not the ultimate bottom.
đ¶ Support Point
Zone: ~$108,300
Where price was rejected before. This level will likely be a key confirmation breakout if hit again.
đŻ Target Level (Take Profit)
Level: ~$110,250â$110,400
The trade setup aims for a strong upside continuation into this resistance area.
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đ Whatâs Different in This Chart vs. the Previous BTC Chart?
Element Previous Chart Updated Chart
Register Level â Not Shown â
Shown (strong support)
Support Level Label â
Same â
Same
Entry Zone Depth Mid-level Now shows fallback area
Risk Management Clarity Medium â
Much clearer
Trade Setup Bullish Reversal Bullish Reversal w/ zone confidence
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Key Trading Insight
This chart provides better risk control by identifying a lower register zone that gives traders the ability to:
Wait for a deeper test before entering.
Add confidence to the trade if price bounces hard from this zone.
Place tighter or more informed stop-losses just below this level.
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Would you like a side-by-side comparison of this BTC setup with the earlier Gold setup you shared â in terms of risk/reward, entry logic, and strength of signals?
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